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Businesses took on another 71,000 new workers in July, continuing the trend of creating a trickle of new jobs since the beginning of the year, the Labor Department reported Friday morning.About half the job gains came in manufacturing, where auto companies have been ramping up production. Manufacturing employment … Read more

WASHINGTON (AP) — Private employers hired workers at a weak pace for the third straight month, making it likely that economic growth will slow further in the coming months. The jobless rate was unchanged at 9.5 percent. Companies added a net total of 71,000 jobs in July, far below the … Read more

Federal Reserve Chairman Ben Bernanke recently told the Senate Banking Committee that “This is the worst labor market, the worst episode since the Great Depression.” He further indicated that with 8.5 million jobs lost, he expects the unemployment rate to remain at a still-high 7 to 7.5 percent at the close of 2012. . . . [...] Read more

WASHINGTON (AP) — Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers. The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts … Read more

Touring a Ford Motor Co. plant in his hometown of Chicago, President Obama on Thursday said his administration’s $60 billion bailout of the auto industry may not have been popular but saved some 1 million jobs in the midst of a deep recession. Unlike General Motors and Chrysler, Ford did … Read more